News Briefs

  5/14/2013, Sivan 5, 5773

Treasurer Welcomes Passage of the Budget

Finance Minister Yair Lapid welcomed, Tuesday morning, the cabinet's approval of the 2013-2014 budget. He called the budget, "the first step in changing order of life in Israel."

Lapid said a law to regulate national service for all would be brought to the government soon. He continued, "We will implement a national program for housing. Taxes will be imposed on the huge companies and reforms will be developed at the electric company and the sea ports."